KuCoin Enters Guilty Plea in Landmark Cryptocurrency Case, Agrees to Pay $300 Million

In a significant development within the cryptocurrency industry, KuCoin, a prominent cryptocurrency exchange, has officially pleaded guilty to charges related to its operational practices. This guilty plea marks a pivotal moment not only for the exchange itself but also for regulatory scrutiny across the crypto sector. Alongside the plea, KuCoin has consented to settle with the authorities by paying a hefty $300 million.

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